Table 5. Cost, rate, profit, and case-mix averages, by type of payment system: 1985.
Case-mix
|
Facility-specific
|
Class-rate
|
|||||
---|---|---|---|---|---|---|---|
Maryland | Ohio | West Virginia | |||||
Cost, rate, profit, and case-mix averages1 | Colorado | Florida | Texas | Utah | |||
Cost per patient day | |||||||
Patient care cost | $20.41 | $21.59 | $20.70 | $17.89 | $22.00 | $15.64 | $15.66 |
Total cost | 47.22 | 45.01 | 48.84 | 39.08 | 47.82 | 37.37 | 41.58 |
Medicaid rate per day | 46.88 | 41.63 | 46.85 | 38.09 | 54.02 | 33.02 | 38.27 |
Profit (revenue-expense ratio) | 1.08 | 1.07 | 1.03 | 1.06 | 1.04 | 0.95 | 0.86 |
Case-mix index (average-rate ratio) | 1.00 | 1.01 | 1.09 | 0.94 | 1.06 | 0.97 | 0.93 |
All cost, rate, and profit variables were adjusted for geographic wage-rate differences.
NOTE: Data are based on Medicaid cost reports and State Medicaid rate data.